2019-01-24T10:36:35+00:00 Assignments

Topic: HLS 6060 DF4 Assignment: Fixed, Step and Variable Costsc

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Topic: HLS 6060 DF4 Assignment: Fixed, Step and Variable Costs

Instructions:

Please answer these 2 questions separately with seperated sources
Fixed, step and variable costs
In Budget Tools, Module 3, Assignments, numbers 2 and 3. Pick one and describe the fixed, step, and variable costs. Also, for your scenario, what might change in the next year that would result in budgetary changes?
Agency role in the budget process
Provide a real-world example of the agency role in the budget process- you can use a current events article, something local or national, or world budget events

Content:



Costs

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Fixed, Step and Variable Costs

Costs in a budget can vary widely relative to the various business activities. It is common that business activities will also vary widely. It is the changes in the costs as a response to the business activities that bring about what is referred to as cost behavior (Accounting For Management, 2017). As

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